Methanol may be the answer to China's growing appetite for fuel, a consultant said on Thursday.
China's supply of fuel has not caught up to the highways it has built and massive number of vehicles on those roads, said Mark Berggren, the managing director of Methanol Market Services Asia.
Berggren was a speaker at the 9th Annual Methanol Forum, sponsored by US consultancy Jim Jordan & Associates.
"China is like the US in the 1950s," he said. "There's a huge increase in [roads] and automobiles, but the gas production hasn’t caught up.
"China will burn anything. It's so starved for energy," he added.
